Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGF) Drops By 34.3%

SMA Solar Technology AG (OTCMKTS:SMTGF) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 89,400 shares, a decrease of 34.3% from the September 15th total of 136,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 894.0 days.

SMA Solar Technology Stock Performance

OTCMKTS SMTGF remained flat at $19.26 on Friday. The stock has a 50 day moving average price of $23.32 and a 200 day moving average price of $38.83. SMA Solar Technology has a 1-year low of $19.26 and a 1-year high of $67.11.

About SMA Solar Technology

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.